Hi infosys fishes

What exactly is ex-gratia bonus in infy. Google says this is given by company at its will not obligated to do so.

I want to know is it paid in full. Or any chances they might not pay it all.

Also, they have made basic salary too high(50%of total fixed component).That is making ex-gratia too high and also PF and Gratia.

Can we get the structure changed??

likesmart
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As far as I remember, ex gratia is fixed amount but it's paid fully in the month of March.

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From this 95% and 5% are we getting full amount? Or it also can boil down to further reduction like 80% of 95% something like that?

like

Ex-Gratia will be paid in full every month as it is a part of Fixed component. It won't fluctuate. Don't worry.

50% of Fixed Component as CTC will be the new norm once Labour Codes are implemented (tentatively Oct 2021). So, there is no scope of restructuring.

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But as per rules of Bonus Ex gratia in google , company can deduct and reduce it ...(may be if you are not in project or something like that ...) , So that is also a variable component apart from the normal variable component 🤪 Most Pathetic Salary Structure is Infosys....they even charge for Some Stupid Infosys Welfare Trust from your salary ....also Carge for Parking charges .....No where in this world have I heard company taking parking charges from Infosys 🤪 ....

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Yes correct SC1

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